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Stock impact report

With oil market stabilizing, diesel benchmark down for third straight week [Yahoo! Finance]

Intercontinental Exchange Inc. (ICE) 
Last intercontinental exchange inc. earnings: 4/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.theice.com
Company Research Source: Yahoo! Finance
The Department of Energy/Energy Information Administration average weekly retail diesel price declined 4.5 cents a gallon effective Monday, bringing that benchmark down to $3.947 a gallon. It's the third consecutive week and the fourth time in the past five weeks the price used for most fuel surcharges has declined. Markets reacted in early February to not just Middle East tensions but the prospect of diversions of diesel and other petroleum shipments away from the Red Sea and Suez Canal. As a result, the DOE/EIA diesel price shot up 21 cents a gallon on Feb. 12 to $4.109. It held that level a week later. But since then, even the relatively inconsequential recent back-and-forth between Iran and Israel hasn't been able to stop diesel and crude markets from steadily moving lower. The end result is that the DOE/EIA price Monday is down 16.2 cents a gallon from that Feb. 12 and Feb. 19 high. It's been down seven of the past 10 weeks. The decline in retail prices posted Monday app Show less Read more
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